Market Analysis of SOLUSDT on Friday 5 JULY 2024

2024-07-05 12:20Fonte:BtcDana

SOLUSDT TECHNICAL ANALYSIS SHORT TERM VIEW

   

SOLUSDT running in negative trend and its immediate strong resistance are 129.15 to 134.10 level .   Overall Stop loss is 135 level and it can fall below 116.25 level  in short term .                                          Intraday purpose selling is better for targets 121,119 and 116.25 levels respectively with stop loss 135 level .


QUICK FUNDAMENTAL LOOK  

                                                             

A few days ago, the buzz around a Solana  ETF application filed by VanEck caused the price to increase by 10% within a short period. Later on, investment firm 21Shares joined the race, but the token could not hold on to the initial hike.


POC = Risk is a part of trading, use caution when placing orders and take market advice only into account.

Mais